HPF: Very Good Fixed-Income Fund, But Could Be Overpriced [Seeking Alpha]
John Hancock Preferred Income Fund Common Shares of Beneficial Interest (HPI)
US:NYSE Investor Relations:
jhinvestments.com/fund/overview.aspx?producttype=closedend&fundid=99003&classcode=ce&backtofundtabletype=price
Company Research
Source: Seeking Alpha
The fund's recent performance has been strong, outperforming both investment-grade and junk bonds. However, there are concerns about the current state of the preferred stock market and the fund's premium valuation, which may warrant caution for investors. The fund managed to cover its distribution during the first half of the 2024 fiscal year, but it was only able to do so because of unrealized gains. The fund is probably not a buy right now due to possible overpricing of preferred stocks and its share price premium. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » The John Hancock Preferred Income Fund II NYSE: HPF ) is a closed-end fund that income-focused investors can employ as a method of achieving their goals. The fund does very well at this task, as it currently boasts a 9.00% yield. As I pointed out in a recent article , the John Hancock preferred stock funds tend
Show less
Read more
Impact Snapshot
Event Time:
HPI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HPI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HPI alerts
High impacting John Hancock Preferred Income Fund Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
HPI
Sec Filings
- 4/4/24 - Form N-CSRS
- 3/29/24 - Form NPORT-P
- HPI's page on the SEC website